Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
23.04 CAD | -0.78% | -3.11% | -7.66% |
May. 09 | Transcript : Parex Resources Inc. - Shareholder/Analyst Call | |
May. 09 | Transcript : Parex Resources Inc., Q1 2024 Earnings Call, May 09, 2024 |
Summary
- The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths
- Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
- Thanks to a sound financial situation, the firm has significant leeway for investment.
- The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
- The company has a low valuation given the cash flows generated by its activity.
- This company will be of major interest to investors in search of a high dividend stock.
- Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
- For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
- Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
- The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
- Considering the small differences between the analysts' various estimates, the group's business visibility is good.
- The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.
- Historically, the company has been releasing figures that are above expectations.
Weaknesses
- According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
- The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
- The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Oil & Gas Exploration and Production
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-7.66% | 1.74B | B+ | ||
+7.79% | 7.43B | C | ||
+12.18% | 4.73B | - | ||
+16.82% | 2.42B | C- | ||
+19.06% | 2.02B | C- | ||
-2.81% | 1.22B | D+ | ||
-.--% | 1.11B | - | - | |
+2.92% | 556M | C+ | ||
+48.57% | 534M | - | - | |
+24.49% | 423M | - | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
- Stock Market
- Equities
- PXT Stock
- Ratings Parex Resources Inc.